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Liquidator Must Maximize Corporate Debtor Assets While Balancing Interests of All Stakeholders During Liquidation.

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Full Text of the Document

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....Step to be taken by the ‘Liquidator’ during the ‘Liquidation’. - the scheme must ensure maximisation of the assets of the ‘Corporate Debtor’ and balance the stakeholders such as, the ‘Financial Creditors’, ‘Operational Creditors’, ‘Secured Creditors’ and ‘Unsecured Creditors’ without any discrimination.....